About Aarnav Fashions Limited
Data last updated: 14 July 2026
Aarnav Fashions Limited is a public limited company based in Daskroi, Gujarat, India. It specialises in brokerage and trading services, a part of the broader financial services sector. Incorporated on 26 February 1983, the company has been in operation for over 43 years.
Registered with ROC Ahmedabad under CIN L17100GJ1983PLC028990. Listed on BSE: 539562.
Capital: an authorised share capital of ₹69.48 Cr and a paid-up capital of ₹42.24 Cr. Formerly known as Kayel Securities Limited. It is led by directors including Champalal Gopiram Agarwal and Nidhi Sanjaykumar Aggrawal.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Daskroi, Gujarat.
As per NSE-filed standalone financials for FY 2026, the company reported a revenue of ₹462.4 Cr. The net worth stands at ₹196.58 Cr. Total assets are valued at ₹398.08 Cr.
The company is associated with 2 brands - Aarnav Group, Kayel Securities.. As per MCA filings, the company has open charges of ₹271.64 Cr and satisfied charges of ₹165.29 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kayelsecurities.com.
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Registered AddressSurvey No. 302 – 305, Isanpur Narol – Vatva Road, Daskroi, Gujarat, India – 382405
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IndustryFinancial Services, Brokerage & Trading Services
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
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CIN History of Aarnav Fashions Limited
Aarnav Fashions Limited has one previous CIN (Corporate Identification Number): L29219GJ1983PLC028990. The current CIN is L17100GJ1983PLC028990, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L17100GJ1983PLC028990 | Current |
| L29219GJ1983PLC028990 | Previous |
Associated Brands with Aarnav Fashions Limited
Aarnav Fashions Limited operates two associated brands: Aarnav Group and Kayel Securities.. These brands represent Aarnav Fashions Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Textile processing, manufacturing, and retail services in India. | aarnavgroup.com | |
| Securities brokerage and investment services are provided in India. | kayelsecurities.com |
Business Activity of Aarnav Fashions Limited
Aarnav Fashions Limited is engaged in the principal business activity of trade, with detailed activities including wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details for Aarnav Fashions Limited
Turnover contribution percentages and historical activity changes require an active report plan.
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Auditor Details of Aarnav Fashions Limited
Aarnav Fashions Limited is audited by NAHTA JAIN AND ASSOCIATES (ICAI peer reviewed, certificate valid till 2026-12-30) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| NAHTA JAIN AND ASSOCIATES (ICAI peer reviewed, certificate valid till 2026-12-30) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Aarnav Fashions Limited
Aarnav Fashions Limited is currently managed by 6 directors, with 12 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Champalal Gopiram Agarwal
Also directs:
Celestia Jubilee Realty Llp, Aarnav Fashions Limited, One World Texofab Private Limited and 4 more
|
Director | 08 Jan 2019 | 7 Years 6 Months | Current |
|
Nidhi Sanjaykumar Aggrawal
Also directs:
Aarnav Fashions Limited
|
Director | 21 Feb 2019 | 7 Years 4 Months | Current |
| Sourabh Vijay Patawari | Director | 21 Feb 2019 | 7 Years 4 Months | Current |
| Kuldeep Ashokbhai Shah | Director | 21 Feb 2019 | 7 Years 4 Months | Current |
| Madhur Murari Todi | Director | 16 Mar 2019 | 7 Years 4 Months | Current |
| Sumit Champalal Agarwal | Managing Director | 08 Jan 2019 | 7 Years 6 Months | Current |
Financials of Aarnav Fashions Limited FY 2026 filings available
Aarnav Fashions Limited reported revenue of ₹462.4 Cr for FY 2026.
| Metrics | FY 2026 |
|---|---|
| Revenue from Operations | ₹462.4 Cr |
| Other Income | ₹67.59 Lakh |
| Total Income | ₹463.08 Cr |
| Cost of Materials Consumed | ₹275.7 Cr |
| Purchases of Stock-in-Trade | ₹42.82 Cr |
| Changes in Inventories | ₹29.08 Cr |
| Employee Benefit Expense | ₹8.95 Cr |
| Finance Costs | ₹9.43 Cr |
| Depreciation & Amortisation | ₹8.17 Cr |
| Other Expenses | ₹75.78 Cr |
| Total Expenses | ₹449.95 Cr |
| Profit Before Exceptional Items & Tax | ₹13.13 Cr |
| Exceptional Items | ₹0 |
| Profit Before Tax | ₹13.13 Cr |
| Total Tax Expense | ₹3.78 Cr |
| Net Profit | ₹9.35 Cr |
| Other Comprehensive Income | ₹75.52 Lakh |
| Total Comprehensive Income | ₹10.1 Cr |
| EBITDA (computed) | ₹30.74 Cr |
| Basic EPS | ₹2.21 |
| Diluted EPS | ₹2.21 |
| Metrics | FY 2026 |
|---|---|
| Total Assets | ₹398.08 Cr |
| Non-current Assets | ₹131.67 Cr |
| Current Assets | ₹266.41 Cr |
| Property, Plant & Equipment | ₹120.69 Cr |
| Inventories | ₹96.69 Cr |
| Trade Receivables | ₹130.98 Cr |
| Cash & Equivalents | ₹4.19 Cr |
| Equity (Net Worth) | ₹196.58 Cr |
| Equity Share Capital | ₹42.24 Cr |
| Borrowings (Non-current) | ₹14.32 Cr |
| Borrowings (Current) | ₹94.48 Cr |
| Total Debt (computed) | ₹108.8 Cr |
| Current Liabilities | ₹161.82 Cr |
| Total Liabilities | ₹201.5 Cr |
| Metrics | FY 2026 |
|---|---|
| Operating Cash Flow | ₹21.45 Cr |
| Investing Cash Flow | -₹15.88 Cr |
| Financing Cash Flow | -₹1.73 Cr |
| Capital Expenditure | ₹15.22 Cr |
| Free Cash Flow (computed) | ₹6.23 Cr |
| Dividends Paid | ₹0 |
| Net Change in Cash | ₹3.83 Cr |
| Metrics | Q4 FY26 |
|---|---|
| Revenue from Operations | ₹132.7 Cr |
| Other Income | ₹36.71 Lakh |
| Total Income | ₹133.07 Cr |
| Cost of Materials Consumed | ₹71.82 Cr |
| Purchases of Stock-in-Trade | ₹17.55 Cr |
| Changes in Inventories | ₹15.05 Cr |
| Employee Benefit Expense | ₹2.37 Cr |
| Finance Costs | ₹2.47 Cr |
| Depreciation & Amortisation | ₹2.14 Cr |
| Other Expenses | ₹17.1 Cr |
| Total Expenses | ₹128.49 Cr |
| Profit Before Exceptional Items & Tax | ₹4.58 Cr |
| Exceptional Items | ₹0 |
| Profit Before Tax | ₹4.58 Cr |
| Total Tax Expense | ₹1.35 Cr |
| Net Profit | ₹3.23 Cr |
| Other Comprehensive Income | ₹75.52 Lakh |
| Total Comprehensive Income | ₹3.99 Cr |
| EBITDA (computed) | ₹9.18 Cr |
| Basic EPS | ₹0.77 |
| Diluted EPS | ₹0.77 |
Shareholding Pattern of Aarnav Fashions Limited
As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 66.53%, retail and other public shareholders hold 33.47% of Aarnav Fashions Limited. The company had 25,652 shareholders on record.
| Mar 2026 | Feb 2026 | |
|---|---|---|
| Promoters | 66.53% | 66.53% |
| Public | 33.47% | 33.47% |
Board & Governance of Aarnav Fashions Limited
As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Aarnav Fashions Limited has 6 directors - 3 independent and 2 executive. The board is chaired by CHAMPALAL GOPIRAM AGARWAL.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| CHAMPALAL GOPIRAM AGARWAL | Executive Director · Chairperson | 2019-01-08 | 1 |
| SUMIT CHAMPALAL AGARWAL | Executive Director · MD | 2019-01-08 | 1 |
| NIDHI SANJAYKUMAR AGGRAWAL | Non-Executive - Non Independent Director | 2019-02-21 | 1 |
| MADHUR MURARI TODI | Non-Executive - Independent Director | 2019-03-16 | 1 |
| SOURABH PATAWARI VIJAY | Non-Executive - Independent Director | 2019-02-21 | 1 |
| KULDEEP ASHOKBHAI SHAH | Non-Executive - Independent Director | 2019-02-21 | 2 |
| Committee | Members |
|---|---|
| Audit Committee | KULDEEP ASHOKBHAI SHAH (Chairperson), SOURABH PATAWARI VIJAY, MADHUR MURARI TODI |
| Nomination and remuneration committee | MADHUR MURARI TODI (Chairperson), SOURABH PATAWARI VIJAY, KULDEEP ASHOKBHAI SHAH |
| Stakeholders Relationship Committee | SOURABH PATAWARI VIJAY (Chairperson), KULDEEP ASHOKBHAI SHAH, MADHUR MURARI TODI |
Charges & Borrowings of Aarnav Fashions Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Mar 2025 | Others | ₹135.74 Cr | Open |
| 04 Mar 2025 | Others | ₹135.74 Cr | Open |
| 30 Nov 2023 | Hdfc Bank Limited | ₹16 Lakh | Open |
| 27 Feb 2013 | Others | ₹165.29 Cr | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Aarnav Fashions Limited
View historical data on people associated with Aarnav Fashions Limited, including employment history and EPFO contributions.
Employee and EPFO history for Aarnav Fashions Limited
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GST Compliance of Aarnav Fashions Limited
GST registrations and filing compliance for Aarnav Fashions Limited
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Credit Ratings, Litigation & Regulatory Alerts for Aarnav Fashions Limited
Credit ratings, litigation, and regulatory alerts for Aarnav Fashions Limited
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MSME Payment Delays by Aarnav Fashions Limited
MSME payment history for Aarnav Fashions Limited
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Subsidiaries & Group Companies of Aarnav Fashions Limited
Corporate group structure for Aarnav Fashions Limited
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MCA Filings & Documents of Aarnav Fashions Limited
MCA filings and documents for Aarnav Fashions Limited
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Recent Activity on Aarnav Fashions Limited
Frequently Asked Questions about Aarnav Fashions Limited
Aarnav Fashions Limited is an active public limited company in the financial services sector based in Daskroi, Gujarat, India. It was incorporated on 26 February 1983 (43+ years old) and is registered under CIN L17100GJ1983PLC028990. Listed on BSE: 539562.
Aarnav Fashions Limited reported revenue of ₹462.4 Cr for FY 2026 based on standalone NSE filings.
The current directors of Aarnav Fashions Limited are:
- Champalal Gopiram Agarwal - Director
- Nidhi Sanjaykumar Aggrawal - Director
- Sourabh Vijay Patawari - Director
- Kuldeep Ashokbhai Shah - Director
- Madhur Murari Todi - Director
- Sumit Champalal Agarwal - Managing Director
The primary industry of Aarnav Fashions Limited is financial services. The company specifically operates in brokerage and trading services. The company is currently active in this sector.
Yes. Aarnav Fashions Limited is listed on BSE with code 539562.
Aarnav Fashions Limited can be reached at the registered office: Survey No. 302 – 305, Isanpur Narol – Vatva Road, Daskroi, Gujarat, India – 382405, or through the website kayelsecurities.com.